October 31, 2016 BY LeapRate Staff

Canadian regulator BCSC warns against Binary Options auto trading software provider Millionaires Blueprint

Continuing its string of warnings against unregulated brokers and other scams targeting retail  traders targeting people in Canada, Canadian securities regulator the British Columbia Securities Commission (BCSC) has added to its Investment Caution List an entity called Millionaires Blueprint, operating from website millionaires-blueprint.co. Millionaires Blueprint claims to be a fully automated trading software for online binary options…

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October 31, 2016 BY Valentina Kirilova

OSC approves no-contest settlement agreement with CIBC World Markets Inc., CIBC Investor Services Inc. and CIBC Securities Inc.

The Ontario Securities Commission (OSC) has approved a no-contest settlement agreement with CIBC World Markets Inc., CIBC Investor Services Inc. and CIBC Securities Inc. (the CIBC Dealers) in relation to a matter that the CIBC Dealers discovered and self-reported to the OSC, and that resulted in certain clients paying excess fees. This settlement follows allegations…

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October 31, 2016 BY Valentina Kirilova

MFSA warns on Tradingbanks false regulation claim

The Malta Financial Services Authority (MFSA) has become aware of the website https://www.tradingbanks.com/ which is falsely stating that tradingbanks is licensed by the MFSA. The MFSA alerts the public, in Malta and abroad, to refrain from undertaking any business or transactions with the above-mentioned entity. Many other regulators have already warned on tradingbanks, including South Africa’s…

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IOSCO issues statement on liquidity risk management recommendations for investment funds
October 31, 2016 BY Valentina Kirilova

IOSCO reports on implementation of G20/FSB recommendations to strengthen securities markets

The Board of the International Organization of Securities Commissions (IOSCO) has published a report on the implementation of the G20/FSB post crisis recommendations aimed at strengthening securities markets. The Implementation Report: G20/FSB Recommendations related to Securities Markets has been prepared by IOSCO’s Assessment Committee, as part of its G20 Markets Reform Review Project. This effort involved…

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October 28, 2016 BY Valentina Kirilova

West Australian property developer and Macro Realty Group of companies consent to extend interim orders obtained by ASIC

West Australian-based property developer, Ms Desiree Veronica Macpherson, and various companies associated with the Macro Realty Group, of which Ms Macpherson is a director and direct/indirect shareholder, (the Macro Companies) have consented to ASIC continuing various interim orders obtained in the Perth Federal Court earlier this year. ASIC had previously obtained a range of interim…

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October 28, 2016 BY admin

Dukascopy announces reduction of leverage on US Election Day

It was just announced that Swiss based FINMA regulated FX broker Dukascopy due to the risks of high volatility, low liquidity and significant price gaps on the presidential election day in the USA, will be taking the following measures: On Sunday 6 November, 22:00 GMT before the market opening, the leverage on USD/MXN will be lowered…

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sec building
October 28, 2016 BY Valentina Kirilova

SEC: Investment Adviser Fraudulently Overbilled Clients, Stole Assets for Personal Expenses

The Securities and Exchange Commission (SEC) has charged a Los-Angeles based investment advisory firm and its owner with fraudulently overbilling clients and stealing assets from their trusts to pay such personal expenses as his home mortgage, overseas trips, and leases on two Mercedes-Benz vehicles. The SEC’s complaint alleges that Marc D. Broidy and his firm Broidy…

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October 28, 2016 BY Mike Fox

Kraken launches digital asset Zcash for trading

San Francisco based global digital asset exchange Kraken today launched for trading the most hotly anticipated digital asset of 2016 in Zcash (ZEC). Zcash has a highly regarded development team and investment from major VC firms (Pantera, Fenbushi, and The Digital Currency Group) and Bitcoin VIPs (Roger Ver, Erik Voorhees, Barry Silbert, and Li Xiaolai).…

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